Over Four Decades of Industry-led

Collaborative Research

CAM-I FALL MEETING 2017

September 11-13, Naperville, IL

TARGET COSTING AND RISK MANAGEMENT

CAM-I Vision:

To be recognized as a premier

collaborative forum for innovative,

leading edge management solutions

that create lasting value.

Invitation from the

President of CAM-I

I would like to invite you for the Consortium for Advanced Management International (CAM-I) Fall Meeting in

Naperville, Illinois, from September 11th to 13th, 2017.

The location for the two and a half days meeting at Navistar, Inc., 2701 Navistar Drive, Lisle, IL 60532

Main Entrance Building 8.

CAM-I has a negotiated rate for the Hilton Lisle/Naperville, 3003 Corporate West Drive Lisle, Illinois 60532

The theme of this quarter’s meeting is Target Costing and Risk Management

Our quarterly meetings are the primary vehicle to further CAM-I’s Mission– To serve a collaborative forum of

thought leaders who develop practical and effective management tools, techniques and methods to advance the way

organizations manage costs, process and performance.

We have excellent line up of speakers on Tuesday morning.

On Tuesday afternoon, we will have training on Integrated Risk and Value Management.

Attendees will receive CPE credit hours for the meeting and training.

If you have any questions about our programs please contact me anytime at ashok@cam-i.org or at (512) 296-6872.

Ashok Vadgama

President, CAM-I

All meetings and Interest Group Sessions are at Navistar, Inc., 2701 Navistar Drive, Lisle, IL 60532, Main Entrance Building 8 Dress Code: Business Casual for all the days. MONDAY, September 11th, 2017 8:15 a.m. CAM-I Participant Welcome - All are welcome to join in the main room. Registration/Continental breakfast—Building 8, 2nd Floor 8:45 a.m. Interest Group Sessions: • Performance Management • Integrated Risk and Value Management • Cost Management and Target Costing • Intelligent Data Quality Management • Environmental Sustainability 12:00 p.m. Lunch [on own] Members Forum lunch [by invitation only] 1:30 p.m. Interest Group sessions continue 5:15 p.m. Networking Reception at the Hilton Lisle/Naperville, 3003 Corporate West Drive Lisle, Illinois 60532 TUESDAY, September 12th, 2017 8:15 a.m. Continental breakfast—Building 8, 2nd Floor. Auditorium—Building 8, 2nd Floor. 8:45 a.m. Welcome Lauren M. Pashia, Business Manager, The Boeing company, CAM-I Industry Chair Ashok Vadgama, CAM-I President 9:05 a.m. Target Costing at Navistar — Jake Black, Manager, Product Costing and Analysis 9:55 a.m.. Break 10:15 a.m. Enterprise Risk Management at Navistar — Darcy Morowitz, VP of Internal Audit and Chief Compliance Officer 11:00 a.m. Panel on Cost Management and Analytics 11:45 a.m. Lunch [on own] 1:00 p.m. to 4:00 p.m.— Integrated Risk and Value Management Training 1:30 p.m. Interest Group Sessions continue 5:00 p.m. Adjourn WEDNESDAY, September 13th, 2017

8:15 a.m. Continental breakfast—Building 8, 2nd Floor 8:30 a.m. Interest Group Sessions continue 12:30 p.m. Adjourn

Agenda

Travel Naperville, Illinois

Booking Link: Hilton Reservation

CAM-I has reserved a block of rooms at a discounted rate of $115.00 plus tax per night. This rate is good through 25th August, 2017. Rooms are limited at the CAM-I rate. Reserve as soon as possible either by calling them or to the follow-ing URL.

CAM-I Negotiated Hotel – Hilton Lisle/Naperville3003 Corporate West Drive Lisle, Illinois 60532Phone: 630-505-0900

Group Name: CAM-I

Transportation from O Hare Airport –You can call Windy City Shuttle for $35.00 each way make sure you tell them Hilton Lisle Rate – 866-949-4639 or windycitylimos.com

All the CAM -I meetings except the Monday evening reception are at:

Navistar, Inc., 2701 Navistar Drive, Lisle, IL 60532, Main Entrance Building 8

Registration Register today at www.cam-i.org and click on “meetings and events” at the top of the page. On Registration -

� Please select two groups to attend for the two and a half days. � Select Network Reception on Monday if you plan to attend. � Select Tuesday morning session

Contact Info CAM-I, Consortium for Advanced Management International

Ashok Vadgama

6836 Bee Cave, Suite 256

Austin, TX 78746

www.cam-i.org

Phone: 512-617-6428

General Information

CPE Credits

CPE Credits NASBA NATIONAL REGISTRY OF CPE SPONSORS This 3-day program qualifies for 20 credit hours. Course Level: Intermediate Prerequisite: Basic Knowledge of Cost and/or Process & Performance Management. No advanced preparation is necessary

All Study is Group - Live

CAM-I is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on acceptance of individual courses. Complaints regarding sponsors may be addressed directly to NASBA, 150 4th Avenue N., Suite 700, Nashville, TN 37219

Contact Information

Dress Code

Upcoming Meetings

For more information about this program or for any questions regarding administrative policies such as cancellations, please contact CAM-I office at 512-617-6428

All scheduled meetings and evening events are business casual

September 11 - 13, 2017 Naperville, Illinois

December 4 - 6, 2017 San Diego, California

March 5 - 7, 2017 Alexandria, Virginia

CAM-I Interest Group Sessions Special Interest Groups are open to all attendees. For information on participating in the groups, please contact Ashok Vadgama or the group leaders below.

Understanding the root causes of costs is the foundation to all areas Cost Management. Target Costing has historically been used in product development organizations. The process and fundamental philosophy holds benefits for service industries as well. Together with working on the Target Costing Model for Service, the group will also work on shared Service model, value analysis that focuses on customers and the relationship to cost, Cost Management, Customer Profitability and Predictive Analytics.

The fundamental work that CAM-I has done on Target Costing for Manufacturing will carry on. The group will also build on the existing CAM-I cost management base of tools and techniques. Chair: Anthony Pember, Phone (703) 637-2777 or anthony.pember@us.gt.com

Intelligent Data Quality Management

Data is an asset, but is difficult to manage because of the unique characteristics of data that defy traditional asset management techniques. The Intelligent Data Quality Management group is developing a framework and equation for assigning a monetary valuation to any record of data. Knowing how much a record of data is worth will allow organizations to make more intelligent asset management decisions, such as when to cleanse the data, when to convert or migrate the data to a new system, and when to archive or purge the data.

Chair: Carmel Call, Phone:92060 240-1617 or carmel.call@kingcounty.gov

Cost Management and Target Costing

Performance Management

The Interest Group has developed the CAM-I Performance Management Framework (PMF), a Holistic implementation methodology that supports strategy execution by evaluating and improving organizational business performance regardless of size or industry. The 8-step framework assesses organizational readiness and performance management maturity and then provides guidance and focus on appropriate techniques and measurements for performance improvement. Recent publication (jointly with CPA Canada): The CAM-I Performance Management Framework- Executive Overview HOW TO EVALUATE AND IMPROVE ORGANIZATIONAL PERFORMANCE Chair: Derek Sandison, Phone: (905) 301-0429 or dsandison@landmark.ca

Integrated Risk and Value Management To be in business is to face a constant stream of potential risks that can disrupt daily activity and put the future of the organization in jeopardy. However, what if the organization were able to assess their potential risks for enterprise value? Robust organizations know how to take on measured risks that boost returns to stakeholders. If handled properly, it may even be possible to increase stakeholders’ perceived value after a crisis. The goal of the Integrated Risk and Value Management interest group at CAM-I is to explore this risk-value continuum, modifying existing thought and practive to enable organizations to maximize value by optimizing risk. Chair: Lauren Pashia, Phone (314) 777-2045 or lauren.m.pashia@boeing.com

Environmental Sustainability Interest Group The CAM-I ESIG seeks to leverage CAM-I’s existing Body of Knowledge in cost and performance management to develop more effective and efficient management tools and techniques to support environmental sustainability initiatives. To that end, the group has developed the following deliverables:

• GHG Emission Reduction Initiatives (June 2011)

• Measuring and Managing Environmental Sustainability: Using Activity-Based Costing/Management (ABC/M) (September 2012)

• Managing Environmental Sustainability Using Target Costing Principles (August 2013)

• Industry Survey: Use of Cost and Performance Principles to Manage Environmental Sustainability Initiatives (January 2015)

• Lessons Learned: The Boeing Company Pilot Project to Implement Environmental Activity-Based Costing/Management Principles (May 2016)

Chair: Mark Lemon, Phone (703) 637-2949 or Mark.Lemon@us.gt.com

Integrated Risk And Value Management Training Workshop

A 2 ½ hour, hands-on training to understand the risk-value framework, enterprise risk management, and how an organization can take on measured risk to maximize enterprise value. Who should attend?

Risk Managers, Finance Managers, Performance Analysts, and anyone with an interest in risk and enterprise value. What is the value of the training to your organization?

The goal of the Integrated Risk and Value Management interest group at CAM-I is to explore this risk-value framework, modifying existing thought and practice to enable organizations to maximize value by optimizing risk. Robust organizations know how to take on measured risks that boost returns to stakeholders. Training Agenda:

• Discuss Risk Appetite, Risk Tolerance, and Negativity Bias• The Risk-Value Framework• Value Assessment• Changing Risk Culture-King County Examples• Understanding and Implementing Enterprise Risk Management• Risk Identification Exercise Training Team:

Jennifer Hills: Director – Office of Risk Management, King County, Washington

Sean Catanese: Enterprise Risk Management Program Manager, King County

Lauren Pashia: Business Operations and Risk Management, The Boeing Company

Greg Wallig: Principal, Public Sector Business Risk Services Leader– Grant Thornton

CPE Credits: Training participation is eligible for 3 CPE credits